SIERRA WIRELESS INC. (NASDAQ:SWIR) momentum breakout alert!

SIERRA WIRELESS INC (SWIR)       29.325   0 (-0.02%)


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SIERRA WIRELESS INC. (NASDAQ:SWIR) momentum breakout alert!5 months ago - Chartmill

TRADING IDEA (Momentum Breakout)

Sierra Wireless Inc. engages in the provision of device-to-cloud and networking solutions. The company is headquartered in Richmond British Columbia, British Columbia and currently employs 1,007 full-time employees. Its business is comprised of connectivity services, cloud platform, routers, and embedded cellular modules. Read the full profile here.

STRATEGY

Momentum Breakout Setup (Short term)

  1. clean breakout during last trading session (+6.4%)
  2. increased buying volume
  3. closing price higher than $25.42 (latest resistance)
  4. long term trend positive on weekly = high volume

Last earnings: 2022-05-11

Next earnings: 2022-08-10



ACTUAL SETUP

  • Buy Stop | $25.81
  • Limit | $25.86
  • Stoploss | $23.39
  • Target | Hold between 2 - 5 days or trailing stoploss

ADDITIONAL INFO/TIPS

Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.

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SWIR Links

SWIR News

News Image21 days ago - Seeking AlphaSierra Wireless Non-GAAP EPS of $0.25, revenue of $166.1M (NASDAQ:SWIR)

Sierra Wireless (SWIR): Q3 Non-GAAP EPS of $0.25.Revenue of $166.1M (+101.5% Y/Y).Adjusted EBITDA was $15.4 million compared to a loss of $15.0 million in the third quarter...

News Image21 days ago - Sierra Wireless, Inc.Sierra Wireless Reports Third Quarter 2022 ResultsNews Image22 days ago - Market News VideoOversold Conditions For Sierra Wireless (SWIR)News Imagea month ago - Sierra Wireless, Inc.Sierra Wireless to Report Third Quarter 2022 Results on November 10thNews Imagea month ago - Market News VideoSierra Wireless Enters Oversold Territory (SWIR)News Imagea month ago - Semtech CorporationSemtech Corporation and Sierra Wireless Receive Second Requests from DOJ Under Hart-Scott-Rodino ActNews Image2 months ago - Investor's Business DailyArista Networks Stock Sees Relative Strength Rating Rise To 91

Arista Networks stock reached a key technical milestone Wednesday, seeing its Relative Strength Rating jumping to 91 from 82 the day before.

News Image3 months ago - Sierra WirelessSierra Wireless Announces AirLinkĀ® RX55 Cellular Router Optimized for the Rapidly Expanding Industrial IoTNews Image3 months ago - Investor's Business DailyChipmaker Semtech Tops Quarterly Targets But Guides Down

Semtech beat Wall Street's targets for its fiscal Q2 but missed the mark with its outlook for the current quarter. SMTC stock fell.

News Image4 months ago - Sierra WirelessSierra Wireless Reports Second Quarter 2022 ResultsNews Image4 months ago - Halper Sadeh LLPSHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates EVOP, COWN, SWIR, RMO

/PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...

News Image4 months ago - Investor's Business DailyStock Market Rally Mixed As Oil Prices Fall, Job Growth Hot: Weekly Review

The Nasdaq and small caps rose while the S&P 500 is hitting resistance.

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